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20121214
20121214
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PBS
Dec 13, 2012 4:30pm PST
2013. that's the prediction of john rogers of the c.f.a. institute. he joins us tonight. >> tom: and new rules for health care also are around the corner. tonight, we look at how small businesses are preparing for the changes. >> susie: that and more tonight on nbr! >> tom: there's no deal, but the two sides are still talking. house speaker john boehner and president obama met earlier this evening at the white house in an effort to move forward the stalled fiscal cliff talks. there are now just 18 days before the tax hikes and spending cuts thatake up the clf take efft, and today, there were few signs of progress. as darren gersh reports, the tone of the talks, if anything, is getting worse. >> reporter: house democratic leader nancy pelosi may just have a second career as a stock analyst. her commentary on the markets today was dead on. >> so far, they trust that we would not be so stupid as to go over a cliff. >> reporter: but pelosi made clear what everyone knows-- time is running out to reach a deal by christmas >> we really have to come to some agreement in the next couple of da
PBS
Dec 13, 2012 5:30pm PST
joining us. let me begin by asking you about the comment today made by your deputy foreign minister mr. bog don november. he said today "it is impossible to exclude a victory of the syrian opposition." how would you describe the situation in syria? >> well, you know i think he went on saying that the syrian gornment seems to be losi ground in the fighting with the opposition and i think this is obvious. but i don't think there is anything in that statement which one can welcome or not welcome. first of all, that doesn't mean that the trouble will end any time soon. the fighting may continue for a very long time still and the battle may keep going this way or the other way for a long time because you will recall when the crisis started the predictions were that it will last for two to four months and prident asd isoing tbe toppled but that did not happen. another important thing to remember is that even if the current stage of the crisis were to end in the so-called victory of the opposition that would mean that real trouble in syria will only be starting you will recall that after sadd
PBS
Dec 13, 2012 5:00pm PST
profit, but if they turn away customers, then that's the end for us. >> but experts warn companies won't survive just by undercutting their rivals. >> translator: companies are being drawn into a price war. price cuts are a universal response to poor consumer sentiment and declining sales. reducing prices to the extent that they lead to a deflationay economy happens only in japan. >> reporter: lower prices surely please customers, but if a discount war heats up, companies will pay the penalty. it may lead to lower wages, which could further dampen spending. they're creating aa vicious cycle. companies serious about survival may have to learn how to raise prices while keepingcustomers. nhk world, tokyo. >>> well, let's get a check on the markets now. the dollar is slightly higher against want yen. dollar/yen at 83 the.68 to 72. the euro/yen is at 109.42 to 47. the impact of the weak results on currencies appears to be limited. the dollar hit an eight and a half month high against the yen. they say participants are buying dollars on speculation the bank of japan will take further mon
Search Results 0 to 2 of about 3